The National Agency for the Prevention of Corruption (NAZK) included two of the world's leading tobacco companies, Philip Morris International and Japan Tobacco International (JTI), on the list of international war sponsors. Companies continue to do business in the Russian Federation and support the country's economy by paying significant taxes to its budget. This was reported by press service of the National Anti-Corruption Agency.
NAZK noted that in Russia Philip Morris International represented by two affiliated companies, as well as the organization "Philip Morris Sales and Marketing" LLC with branches in approximately 100 cities of the country.
At the same time, it is noted that the total volume of investments of Philip Morris International in the Russian Federation exceeds 2 billion US dollars.
According to the financial statements of the Russian division of Philip Morris, the company's turnover in the first year of the full-scale invasion of the Russian Federation in Ukraine increased by 8% to 140,3 billion rubles, and net profit to 48,2 billion rubles, which is 45% more than in 2021 year Accordingly, income tax was paid to the budget of the aggressor in the amount of more than 136 million dollars.
In addition, even at the beginning of the full-scale war, Philip Morris announced its intention to sell its Russian business in order to preserve its reputation. However, all "attempts" to sell the Russian business seem to have been unsuccessful, and the corporation still remains one of the largest taxpayers to the Russian budget.
The second company, Japan Tobacco International (JTI), is the undisputed leader of the tobacco market in Russia, with a market share of about 34,9%. It is one of the largest FMCG companies in the country by sales volume.
JTI is the largest investor and leading taxpayer in the Russian tobacco industry. Over the past 20 years, JTI's investments in the economy of the Russian Federation have exceeded 4,6 billion dollars. The company's tax payments in 2020 provided 1,4% of the income of the federal budget of the Russian Federation.
Although JTI representatives stated that JT Group has suspended new investments and marketing activities in Russia, the company still continues to manufacture and distribute products in the Russian Federation.
Philip Morris and Japan Tobacco were listed by War and Sanctions as international war sponsors on August 24. The list is compiled by the NAKC together with the Ministry of Justice of Ukraine. The agencies call for a boycott of the products and services of the companies included in this list.
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